W.W. Grainger Inc. Stock Falls Wednesday, Underperforms Market
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Shares of W.W. Grainger Inc. (GWW) slipped 1.46% to $557.06 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.20% to 3,783.22 and Dow Jones Industrial Average falling 1.10% to 32,875.71. The stock's fall snapped a two-day winning streak. W.W. Grainger Inc. closed $55.00 short of its 52-week high ($612.06), which the company achieved on November 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) fell 1.47% to $81.82, Home Depot Inc. (HD) fell 1.20% to $315.73, and Lowe's Cos. (LOW) fell 0.82% to $200.06. Trading volume (155,532) remained 152,517 below its 50-day average volume of 308,049.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2022.
(END) Dow Jones Newswires
December 28, 2022 16:59 ET (21:59 GMT)
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